1 ZANDANSHATAR GOMBOJAV APPOINTED AS PRIME MINISTER OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/06/13      2 WHAT MONGOLIA’S NEW PRIME MINISTER MEANS FOR ITS DEMOCRACY WWW.TIME.COM PUBLISHED:2025/06/13      3 ULAANBAATAR DIALOGUE SHOWS MONGOLIA’S FOREIGN POLICY CONTINUITY AMID POLITICAL UNREST WWW.THEDIPLOMAT.COM PUBLISHED:2025/06/13      4 THE UNITED NATIONS CHILDREN’S FUND (UNICEF) IN MONGOLIA, THE NATIONAL FOUNDATION FOR SUPPORTING THE BILLION TREES MOVEMENT, AND CREDITECH STM NBFI LLC HAVE JOINTLY LAUNCHED THE “ONE CHILD – ONE TREE” INITIATIVE WWW.BILLIONTREE.MN PUBLISHED:2025/06/13      5 NEW MONGOLIAN PM TAKES OFFICE AFTER CORRUPTION PROTESTS WWW.AFP.MN PUBLISHED:2025/06/13      6 GOLD, MINED BY ARTISANAL AND SMALL-SCALE MINERS OF MONGOLIA TO BE SUPPLIED TO INTERNATIONAL JEWELRY COMPANIES WWW.MONTSAME.MN PUBLISHED:2025/06/13      7 AUSTRIA PUBLISHES SYNTHESIZED TEXTS OF TAX TREATIES WITH ICELAND, KAZAKHSTAN AND MONGOLIA AS IMPACTED BY BEPS MLI WWW.ORBITAX.COM  PUBLISHED:2025/06/13      8 THE UNITED STATES AND MONGOLIA OPEN THE CENTER OF EXCELLENCE FOR ENGLISH LANGUAGE TEACHING IN ULAANBAATAR WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/12      9 MONGOLIA'S 'DRAGON PRINCE' DINOSAUR WAS FORERUNNER OF T. REX WWW.REUTERS.COM PUBLISHED:2025/06/12      10 MONGOLIA’S PIVOT TO CENTRAL ASIA AND THE CAUCASUS: STRATEGIC REALIGNMENTS AND REGIONAL IMPLICATIONS WWW.CACIANALYST.ORG  PUBLISHED:2025/06/12      БӨӨРӨЛЖҮҮТИЙН ЦАХИЛГААН СТАНЦЫН II БЛОКИЙГ 12 ДУГААР САРД АШИГЛАЛТАД ОРУУЛНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/15     ОРОН СУУЦНЫ ҮНЭ 14.3 ХУВИАР ӨСЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/15     МОНГОЛ УЛСЫН 34 ДЭХ ЕРӨНХИЙ САЙДААР Г.ЗАНДАНШАТАРЫГ ТОМИЛЛОО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     SXCOAL: МОНГОЛЫН НҮҮРСНИЙ ЭКСПОРТ ЗАХ ЗЭЭЛИЙН ХҮНДРЭЛИЙН СҮҮДЭРТ ХУМИГДАЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ БАНК: ТЭТГЭВРИЙН ЗЭЭЛД ТАВИХ ӨР ОРЛОГЫН ХАРЬЦААГ 50:50 БОЛГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     МОНГОЛ ДАХЬ НҮБ-ЫН ХҮҮХДИЙН САН, ТЭРБУМ МОД ҮНДЭСНИЙ ХӨДӨЛГӨӨНИЙГ ДЭМЖИХ САН, КРЕДИТЕХ СТМ ББСБ ХХК “ХҮҮХЭД БҮРД – НЭГ МОД” САНААЧИЛГЫГ ХАМТРАН ХЭРЭГЖҮҮЛНЭ WWW.BILLIONTREE.MN НИЙТЭЛСЭН:2025/06/13     ЕРӨНХИЙЛӨГЧИЙН ТАМГЫН ГАЗРЫН ДАРГААР А.ҮЙЛСТӨГӨЛДӨР АЖИЛЛАНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/13     34 ДЭХ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР ХЭРХЭН АЖИЛЛАНА ГЭЖ АМЛАВ? WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/13     “АНГЛИ ХЭЛНИЙ МЭРГЭШЛИЙН ТӨВ”-ИЙГ МУИС-Д НЭЭЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/13     Г.ЗАНДАНШАТАР БАЯЛГИЙН САНГИЙН БОДЛОГЫГ ҮРГЭЛЖЛҮҮЛНЭ ГЭЖ АМЛАЛАА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/12    

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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An official from Ulaanbaatar Railway JSC arrested and MNT 10 billion seized www.news.mn

S.Batdol, Deputy Head of Transport Organization Department of Ulaanbaatar Railway JSC has been arrested and over MNT 10 billion in cash seized in a raid during a crackdown on coal thief scheme. He was arrested yesterday night and detained for 48 hours.
He was appointed to the office in 2021 and became wealthy in a short period of time. Therefore, he was suspected for taking bribes and carrying out illegal coal transportation activities.
He has also accumulated a lot of real estate and services in his and his wife’s name, as well as a large amount of cash and foreign currency.
According to the sources, 5-6 places were searched and more than 10 billion MNT were seized. He has a large amount of things, luxury residential properties, and made some purchase and sale contracts.
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The Erenhot: China-Mongolia trade hub to open after 1018 days www.news.mn

The Erenhot China-Mongolia border trading zone in north China’s Inner Mongolia Autonomous Region is about to open after closing for 1018 days. The border crossing will open at 08:00 a.m. on 8 January, 2023.
With a total investment of 350 million yuan (about 52.5 million U.S. dollars) and an area of some 100,000 square meters, the trading zone in the city of Erenhot covers a wide range of business activities including border trade, logistics and e-commerce, among other cross-border business services.
The city of Erenhot, in China’s Inner Mongolia Autonomous Region, is just 9 km from Zamyn Uud, in Dornogobi province in south‑eastern Mongolia, where the Mongolian government is building a free trade zone. Erenhot is the largest centre of rail and road links between China and Mongolia, and as such is a vital strategic location in cross‑border co‑operation between the two countries.
 
 
 
 
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Supporting Mongolia’s Democracy is Key to a Free and Open Asia-Pacific www.moderndiplomacy.eu

In recent weeks, Mongolians participated in the second largest peaceful demonstrations since 1991, with hundreds of Mongolians participating in mass protests in Sukhbaatar Square in response to the allegations of billions of dollars stolen in export coal theft transactions to China with the involvement of more than a dozen Mongolian officials.
While most protests in Mongolia are held in the spring to avoid the frigid winter temperatures, the timing and magnitude of the current demonstrations call to mind the countrywide demonstrations in the winter of 1989 and 1990 leading up to Mongolia’s peaceful transition of power, and the emergence of a democratic Mongolian government in the spring of 1990.
This movement continues to characterize Mongolian civil society. Recent public protests are indicative of the problems inherent within the Mongolian political system, particularly corruption among political elite and the lack of enforcement by existing oversight mechanisms, as well as the country’s lack of economic diversification and reliance on mineral exports. However, the protests also represent the vitality of Mongolian civil society and the importance of continuing to invest in Mongolian civil society organizations and good governance initiatives.
Mongolia occupies a unique niche within Northeast Asia. It has only two direct neighbors, China and Russia. Both exert strong economic and political pressure on Mongolia, with roughly 86 percent of Mongolian exports sent to China, and 60 percent of its energy and fuel imports from Russia, with western Mongolia entirely dependent on Russian electricity.
Due to Mongolia’s reliance on its authoritarian neighbors, the country developed a “third-neighbor” strategy to strengthen its relations with other regional and international partners. This policy enables Mongolia to diversify its economic interests and investments, support civil society and uphold democratic norms in the country. During the COVID-19 pandemic, the “third-neighbor” strategy Mongolia built was hindered by border restrictions and languishing economic ties. However, throughout 2022 Mongolia sought to rebuild these relationships, two of the most prominent among them being with Japan and the United States.
2022 was a vibrant year for Mongolian multilateralism. It was the 50th anniversary of its diplomatic relations with Japan, and the 35th anniversary of U.S.-Mongolia diplomatic ties. Following a trilateral meeting held between the US, Japan, and Mongolia, the three countries released a joint statement which stressed the importance of maintaining the current rules-based international order in the Indo-Pacific, highlighted many shared global sentiments between the three countries, and discussed ongoing international developmental investments in Mongolia.
In November, Ulaanbaatar welcomed the new U.S. Ambassador to Mongolia, Richard Buangan, and officials from both countries emphasized their joint commitment to democracy, rule of law, and fundamental human rights that ensure free speech. President of Mongolia U. Khurelsukh arrived in Japan on November 29th, the first head-of-state visit from Mongolia to Japan in 12 years, reaffirming the two countries’ relationship and affirming joint efforts to contribute to peace and prosperity in the region.
Alongside top-level diplomatic interactions, both Japan and the U.S. are engaged in supporting good governance and furthering inclusive civil society development. The Mongolian Foreign Minister recently took part in the World Assembly for Women (WAW) held in Tokyo, which emphasizes female leadership and inclusion and brought together female leaders from around the world. Japan continues to be one of the top providers of Overseas Development Assistance (ODA) to Mongolia, with Mongolia receiving 299 million USD in bilateral ODA from Japan in 2020.
The Japan International Cooperation Agency (JICA) is also very active in Mongolia, and has major projects that focus on improving public financial management and inclusion in Mongolia’s government and civil society. The United States Agency for International Development (USAID) recently promised an additional $3 million to modernize the energy section and promote good governance in Mongolia, strengthening civil society organizations and independent media capacity.
There is still significant work needed to support Mongolian civil society and continue Mongolia’s development as an open, democratic state.
Mongolia’s economic resiliency remains tenuous while the state relies primarily on mineral exports and significant economic restructuring is key, particularly in the wake of the COVID-19 pandemic. The country’s economic growth is also hindered by corruption. While the OECD noted that petty corruption in Mongolia is gradually decreasing, high level corruption among government officials and the judiciary continues to be a major problem. Thus, there should be an emphasis on the creation of new laws that increase accountability and transparency within the Mongolian government and the enforcement of existing oversight laws and mechanisms, such as the Independent Authority against Corruption (IAAC). Additionally, as part of the Open Government Partnership, Mongolia has committed to improving the regulatory environment to ensure government accountability alongside establishing legal and regulatory frameworks for the autonomous development of civil society organizations in its 2023 National Action Plan.
International support can assist in this, both by working directly with government partners to provide anti-corruption training as well as promoting the inclusion of independent stakeholder and civil society groups that can hold the government accountable and help restore citizen trust in the Mongolian government. One concrete step Mongolian leadership can take in the next year to show their dedication to a free and open society is to engage in the 2023 Summit for Democracy. By not only attending the summit, which Mongolia has done in the past, but through proactively establishing commitments during the summit, Mongolia can further develop its third neighbor policies and strengthen civil society and democracy investment while balancing its relations with China and Russia.
Together with the United States, Japanese support of Mongolian civil society and Mongolia’s democratic norms strengthens the region as a whole. Programming within Mongolia, such as projects conducted by JICA and USAID, signify the investment in supporting civil society and upholding a rules-based order in Mongolia. This, in turn, is visible in the accountability Mongolians demand of their government in the ongoing recent protests. Ultimately, multinational engagement in Mongolia will further good governance and support Mongolia’s active civil society, continuing in the tradition of Mongolian independence and democracy.
 
 
 
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Mongolia's annual inflation stands at 13.2 pct in December www.inform.kz

The annual inflation rate for Mongolia rose by 13.2 percent year on year in December, data by the country's National Statistics Office (NSO) showed on Friday, Xinhua reports.
The increase was mainly due to the higher prices for imported goods, the NSO said.
However, the index decreased by 1.3 percent from a month earlier, it said.
There are 410 items in the landlocked Asian country's consumer goods and services basket, with more than half of them being imported, according to the statistical agency.
The country has set a goal of reducing its inflation rate back to single-digit levels by the end of 2023.
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This Year Marks the 60th Anniversary of Mongolia-UK Diplomatic Relations www.montsame.mn

The diplomatic relations between Mongolia and the United Kingdom of Great Britain and Northern Ireland (UK) were established on January 23, 1963. The United Kingdom was the first western nation to establish diplomatic relations with Mongolia, among the other 24 countries that had had diplomatic relations with Mongolia.
Mongolia has long-standing diplomatic relations with the UK, spanning 60 years, and its beginning marked in history back in the 13th century. On January 5, 1290 or 733 years ago, an envoy of Arghun Khaan, the ruler of the Ilkhanate, delivered a letter to Edward I of England from Arghun Khaan. A copy of the response letter of Edward I of England has been preserved, which testifies his full support.
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Prime Minister Appoints New Ministers www.montsame.mn

On January 5, Prime Minister L. Oyun-Erdene presented the proposal to appoint Minister of Economy and Development Ch. Khurelbaatar as the Deputy Prime Minister and Minister of Economy and Development, S. Chinzorig as a Cabinet member and a Minister of Health, Kh. Bulgantuya as a Cabinet member, Minister of Mongolia, and Chair of the National Commission of Border Port Recovery and Ts. Davaasuren as a Cabinet member and a Minister of Construction and Urban Development to State Great Khural within the scope of his power granted by the Constitution.
Accordingly, the State Great Khural discussed the proposed new candidates for the ministers, and the members raised questions and made speeches. After the discussion, the Prime Minister presented an ordinance on appointing the above-mentioned people as Cabinet members and ministers to the State Great Khural. Thus, the newly appointed ministers took the oath of office to the State Great Khural.
Based on the Constitution of Mongolia and the Law on Government, Prime Minister L. Oyun-Erdene signed the Ordinance on appointing some members of the Cabinet and presented the ratifications. Then, the Prime Minister highlighted that “I deeply believe our newly appointed Cabinet members would put painstaking efforts into successful implementation of “New Revival Policy” goals, aimed to solve constraints on development during this trying time when the pandemic and geopolitical crises hit the world.”
 
 
 
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Investors with $2.2 trillion in assets ask Glencore to disclose thermal coal plans www.mining.com

Glencore (LON: GLEN) is facing fresh pressure from investors with $2.2 trillion in assets to disclose how the company’s projected thermal coal production aligns with the Paris Agreement’s objective to pursue efforts to limit the global temperature increase to 1.5°C.
Shareholders including Europe’s Legal and General Investment Management (LGIM) and HSBC Asset Management have filed a resolution demanding details on the matter, which will go to vote at Glencore’s annual meeting in May.
This is the first time investors have filed a climate resolution specifically focusing on the company’s thermal coal production, and it constitutes a significant escalation of pressure on Glencore, already on notice after nearly one quarter of shareholders rejected its climate plan in April 2022.
“As long-term investors, the ability to assess and evaluate companies’ exposure to financially material risks stemming from the energy transition is vital,” Dror Elkayam, Global ESG Analyst at LGIM said in a statement.
“Having both invested in and engaged with Glencore over many years, a higher degree of transparency is necessary in order to clarify how the company’s exposure to thermal coal is aligned with the 1.5C pathway and corresponds to its net zero commitment,” Elkayam noted.
For years the Swiss miner and commodities trader has tried balancing two competing goals: maximizing returns from its coal business and keeping investor support for mining the world’s most polluting fuel.
Until recently, its shareholders seemed content with a promise to stop producing coal and run the mines to closure by 2050.
The company began facing increased scrutiny in 2021, with activist investor Bluebell Capital Partners, which manages about $250 million, calling on the miner to overhaul its climate policy more than once.
The Australasian Centre for Corporate Responsibility, a shareholder advocacy group, has also raised concerns.
Australia’s largest coal producer
Glencore is one of the world’s top thermal coal exporters and Australia’s largest miner of the fossil fuel. The commodity, used in power generation, has reached record prices in the past year, helping the company add about $10 billion to its earnings during the first half of 2022 alone.
The business is expected to generate about $16.7 billion in earnings before interest, tax, depreciation and amortization in 2023, more than half the company’s total.
The mining giant has set production targets at 110 million tonnes of coal a year during the 2023-2025 period, similar to its level last year.
Investors with $2.2 trillion in assets ask Glencore to justify thermal coal plans
Graphic source: Bloomberg News.
Glencore has repeatedly said it would cap coal production at 150 million tonnes a year but has not disclosed specific annual targets beyond 2025.
Last month, it shelved plans for its A$2 billion ($1.4bn) Valeria coal project, citing “increased global uncertainty.”
The metallurgical and thermal coal mine in central Queensland had been planned to start in 2024 and would have become one of the country’s largest.
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Turkish, Mongolian flag carriers ink codeshare agreement www.aa.com.tr

The flag carriers of Türkiye and Mongolia have signed a codeshare agreement to expand destinations in the networks of both Turkish Airlines and MIAT Mongolian Airlines.
The codeshare cooperation will provide more alternatives for passengers taking direct flights between Türkiye and Mongolia and connecting flights via Istanbul.
Turkish Airlines will use its code TK on MIAT Mongolian Airlines-operated flights between Ulaanbaatar and Istanbul, while MIAT Mongolian Airlines will place its code on Istanbul-Ulaanbaatar flights and also on 10 points beyond Istanbul operated by Turkish Airlines.

"Both flag carriers enhanced their solid collaboration via signing this codeshare agreement and by increasing frequencies reciprocally between Istanbul and capital Ulaanbaatar," Turkish Airlines CEO Bilal Eksi said.
The deal will help more travelers visit the two "unique and beautiful countries," Eksi added.
For his part, MIAT Mongolian Airlines CEO Munkhtamir Batbayar said: "Turkish Airlines is an important airline globally with wide range of network and the cooperation with such an elite airline is a great privilege for us."
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Mongolia confirms 16 COVID-19 cases on Jan 5 www.akipress.com

16 new COVID-19 cases were confirmed in Mongolia as of January 5.
7 of them were contacts in Ulaanbaatar, and 9 were recorded in the regions. No imported cases were found.
The death toll from coronavirus remained 2,136.
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Earnings of Mongolian E-sports Players Reach USD 1.8 Million www.montsame.mn

According to esportsearnings.com, 202 Mongolian E-sports players have been awarded a total of USD 1.8 million in prize money from 279 tournaments and ranked 58th in the world.
The Mongolian STALWARTESPORTS team leads the world ranking of the PUBG Mobile. It was the highest awarding game with USD 997 thousand, making up 54.91% of the total earnings of Mongolian Esports players in 2022.
Top 5 games of Mongolia
Total earnings /overall/
(USD)
1
PUBG Mobile
$ 997,566
2
Counter-Strike: Global Offensive
$ 603,119
3
Dota 2
$ 182,953
4
VALORANT
$ 14,080
5
Call of Duty: Mobile
$ 6,666
Sukhbat "Action" Galtsalam is the highest earning Mongolian player with USD 162 thousand in PUBG Mobile tournaments.
Top 5 players of Mongolia
Total earnings /overall/
(USD)
1
Action
Suhbat Galtsalam
PUBG Mobile
$ 162,650
2
TOP
Burenbayar Altangerel
$ 155,650
3
skryyy
Bilguutei Bayasgalan
$ 146,650
4
pikA
Unubold Erkhembayar
$ 144,650
5
kabal
Bat-Enkh Batbayar
CS:GO
$ 72,239
The amount does not include other sources of income, such as advertising and sponsorship.
Mobile games account for over 55% of Mongolian Esports' total revenue.
“In 2020, IHCESPORTS /Mongolia/ team took third place in the E-sports World Championship. Since then, Mongolian teams have been leading the Asian Esports games”, reported by esportsearnings.com. Our country has 97 pro gamers, and their average age is 21-23. E-Sports athletes are eligible to participate in competitions when they turn 16.
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